Impact Minerals (IPT) Q4 2026 TU earnings summary

Executive summary

• Advanced Lake Hope High Purity Alumina (HPA) Project from pre-feasibility to definitive feasibility, with pilot plant program underway at Edith Cowan University.

• Progressed Scoping Study for Salmon Gums potash-hydrochloric acid project, with drilling and metallurgical work ongoing.

• Joint venture partner Kuniko made a new gold-silver discovery at Silica Hill, with all six drill holes mineralised and a resource upgrade scheduled before year-end.

• Appointed experienced independent Chair to guide through feasibility and financing phases.

Financial highlights

• Cash at 30 June 2026: A$2.08 million.

• Market capitalisation: A$20.15 million (516,783,796 shares at A$0.039 each).

• Lake Hope project PFS: post-tax NPV A$1.165 billion, IRR 47.5%, 10,000 tpa HPA, 33-year mine life, pre-production capital A$259 million, payback 2.2 years.

• Quarterly exploration and evaluation spend: A$742,000; corporate/admin spend: A$540,000.

Outlook and guidance

• Lake Hope pilot program and progress toward definitive feasibility study scheduled for second half 2026.

• Salmon Gums Scoping Study completion and Kumarl drilling interpretation due second half 2026.

• Commonwealth-Silica Hill resource estimate upgrade expected by year-end.

• Ongoing exploration and drilling at Broken Hill and Southern Sky projects.